Poland's benchmark interest rate held at 3.75% in August 2026, unchanged from the previous month. The rate has been at this level since March 2026, following a series of cuts from 5% in August 2025. The current rate remains far below the all-time high of 37% recorded in January 1993 and above the record low of 0.1% from September 2021, according to the Bank for International Settlements.

Poland Benchmark Rate Holds at 3.75%

Poland's official period-average exchange rate versus the US dollar edged down to 3.72 LCU/USD in August 2026, from 3.7811 in July. The reading extends July's rebound, which had been the highest since 3.6971 in March. The rate remains well above the record low of 0.000332 in December 1974 and far below the all-time high of 4.8939 in October 2022, according to the International Monetary Fund.

Poland Official FX Edges Down to 3.72

Poland's consumer confidence index fell to -13.9 in August from -12.1 in July, marking the first decline in three months after rising in both June and July. Over the past eight months, the index has fluctuated within a range of -11.8 to -16.5. The August reading is slightly below the year-ago level of -13.7 and remains far from the series all-time high of -0.8 in June 2019 and the record low of -42.5 in October 2022, according to Eurostat.

Poland Consumer Confidence Falls in August

Poland's business confidence index rose to -15 in August 2026, from -15.2 in July. The August reading was above the -16.5 of a year earlier. The value has ranged from -13.7 to -15.2 over the eight months through August. The gauge remained far below its all-time high of -1.8 set in June 2007 and well above its all-time low of -42.4 from April 2020. The series dates to January 1998, according to Eurostat.

Poland Business Confidence Rises to Minus 15

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